Apartment for sale on Bell-air Street, Los Flamingos

Great investment opportunity for €139,000

Apartment in a 4-star hotel resort with guaranteed high profitability

What are you buying?: You acquire 100% ownership of an apartment belonging to a 4-star hotel resort, located in an area surrounded by golf courses and with high tourist demand in Benahavís, Costa del Sol. You delegate the management of the property to the operator of the complex and receive: a fixed annual return of €4,774 + VAT and the option to enjoy it for 8 weeks a year at a cost of €65 per week (excluding June 15th to September 15th and Easter/Christmas), eliminating all community fees, maintenance, and basic utility costs, except for the property tax (IBI) (€300/year). Furthermore, you receive it fully furnished and equipped, with the resort responsible for any damage to the furniture. It also includes all the amenities and services of an internationally renowned aparthotel, with the added benefit of being able to mortgage this property, which will pay for itself, giving you the opportunity to acquire a second property. In addition, you will receive various financial benefits and tax exemptions.

Advantages and services: Acquire your own holiday apartment with the amenities of a 4-star aparthotel complex, such as: Restaurant, Spa, Gym, Wellness Center, Children’s areas: mini-club, swimming pool, Relaxation areas: terraces and lounges, tropical gardens with beach bar, Disco-bar and recreation room, Laundry area, Leisure activities: dances, excursions, Cleaning service, reception, and all this in a complex built in 2004 and renovated in 2022.
Where is it located?: Located 1.8 km from El Saladillo beach, in a natural setting on the New Golden Mile of the Costa del Sol, Benahavis. Just 10 minutes from Puerto Banús, with excellent access from the N-340 highway and very close to all essential services. This resort is located a few meters from several golf courses (Golf Flamingos, Briján, Tramores, Alferini) and boasts privileged sea and mountain views, near one of the best 5-star hotels on the Costa del Sol.
Property Use: You can enjoy your apartment for a period of 8 weeks per year, by booking in advance with the complex, excluding Easter, Christmas, and from June 15th to September 15th. The cost of accommodation for you will be €65 per week.
The rest of the year, you delegate its use to a renowned hotel management company with hotels in Punta Cana, the Canary Islands, Murcia, and the Costa del Sol.